How Sabu Help Works
- Group(s) of ten people, five males, and five females in each group. The group opens bank account.
- The groups pick out the business they will invest in and write a business plan including a budget, strategy, and present to Sabu Help.
- Sabu Help reviews the businesses plan and gives suggestions/recommendations as whether the business plan is lucrative, helpful, and environmentally beneficial.
- If the business plan is approved, funds will be transferred into the groups account and distributed to the individuals in the groups.
- The groups meet monthly/weekly to report and or update each other on progress of the individuals business as well as the group as a whole. This is to make sure the individuals and the group is progressing.
- The field director will attend every meeting and he serves as a communication link between the groups and Sabu Help.
- After harvest or a designated period of time, the groups will pay back the funds collected with an additional minimum amount. This money is deposited into the group account. The minimum amount collected will be accumulated and given to another poor person/group resulting in an on going cycles.
Summary of How Sabu Help Works
- Groups pick out their business and write a business plan
- Sabu Help reviews the business plan and transfer funds to the group. Field Director distributes funds to individuals
- Group(s) provide business updates to Sabu Help
- Funds are repaid into the group’s bank accounts
- The amount collected from the entrepreneurs are given to another poor person/group
Sabu Help Process Cycle
|
